500 Folsom replaced residual freeway infrastructure with a vibrant, mixed-use residential neighborhood.
- San Francisco
500 Folsom is a 42-story tower with 537 units located in the heart of the East Cut neighborhood. This brand new property offers 108 affordable apartments, consisting of studios, one- and two-bedroom apartments. Income and other restrictions apply.
Development Partner: Essex Property Trust
Architects: SOM (architect of record); Fougeron Architects (associate architect)
General Contractor: Balfour Beatty
Financial Partners: Citi Community Capital, Deutsche Bank, Wells Fargo, Essex Property Trust, California Tax Credit Allocation Committee, California Debt Limit Allocation Committee